answersLogoWhite

0


Best Answer

No, You don't need to study accounting to prepare taxes. It will help if you seek this as a sort of job. The education is only needed for other practices.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do you have to study accounting to prepare taxes?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Prepare a bin card in relation to cost accounting?

prepare a bin card in relation to cost accounting


Basic functions of controllership?

Some of the functions that a controller would be responsible for are as follows: Manage the accounting functions, e.g., accounts receivable, accounts payable, payroll, general ledger maintenance, preparation and consolidation of financial statements. Supervise accounting personnel. Prepare budgets. Prepare financial forecasts. Prepare required tax returns, e.g., sales taxes, payroll taxes, excise taxes, and corporate taxes. Prepare financial statements in accordance with Generally Accepted Accounting Principles. Meet with outside auditors or other independent accountants and facilitate their work. Assure regulatory compliance by preparing or reviewing reports and my instituting necessary procedures. Design, implement, and monitor internal controls to safeguard assets and provide reliable financial statements.


Where can I learn to prepare taxes?

Your best option is to probably take a simple financial class online to teach you how to prepare taxes or take a financial class in person that can teach you how to prepare taxes.


When does an accounting prepare the financial statement?

monthly


What has the author Walter B Meigs written?

Walter B. Meigs has written: 'Study guide' 'Intermediate accounting' 'Palisades Corporation' 'Examination questions for use with Intermediate accounting' 'Study guide for use with Intermediate accounting' 'Accounting, the basis for business decisions' 'Accounting work sheets for use with Financial accounting' 'Solutions manual for use with Financial accounting' 'Solutions manual for use with Financial accounting' 'Accounting: the basic for business decisions' -- subject(s): Accounting 'Study guide for use with Financial accounting' 'Study Guide for Use With Accounting' 'Principles of auditing' -- subject(s): Auditing 'Intermediate accounting [by] Walter B. Meigs [and others]' -- subject(s): Accounting 'Achievement tests and comprehensive examinations for intermediate accounting' 'Study guide for use with Modern advanced accounting'


What has the author David H Marshall written?

David H. Marshall has written: 'Accounting and Finance for Insurance Professionals' 'Accounting' -- subject(s): Accounting, Managerial accounting 'Study Outline/Ready Notes/Solutions to Odd Number Problems for use with Accounting' 'Selected chapters from accounting' 'Study Guide and Workpapers for Use With a Survey of Accounting' 'Study Guide and Working Papers for use with Accounting'


An examination of multi disciplinary case study in accounting dept?

An examination of multi disciplinary case study in accounting department


How much does it cost to have someone prepare your taxes?

The government provides forms and online filing for people do prepare their taxes for free. The cost of having another person prepare taxes varies. Quotes can be given in advance by asking the company or individual.


How does cost accounting connect with financial accounting and management accounting?

Management accounting gathered data or information from cost accounting and financial accounting. After that, it analyzes and interprets the data to prepare reports and provide necessary information to the management.


Should everyone study accounting?

Yes, everyone should study accounting because understanding accounting will help them with their finances. Knowing where your money is will give you control over your life.


What is accounting period concept?

Accounting period is the minimum time period for which comany prepare it's books of accounts.


Where to study for accounting?

at the university of Namibia